Which SBA Financing Solution Is Right for Your Business?

A streamlined loan application process to access funding for working capital to purchase land, buildings, equipment and inventory.

Longer terms on loans to fund working capital, business start-up, business acquisition and real estate.

Longer term financing loans for businesses to purchase commercial real estate or to expand their existing operations, help the local economy and create jobs; to longer term financing loans for businesses to purchase commercial real estate or to purchase machinery/equipment, help the local economy and create jobs.

A streamlined loan application process to access funding for working capital to purchase land, buildings, equipment and inventory for veterans who are starting or growing their businesses.

Best For

For-profit businesses in a variety of industries.

For-profit businesses in a variety of industries, including those that are new, in start-up mode or recently acquired.

Existing and on-going for-profit businesses, with a net worth less than or equal to $8,500,000 and net profit after taxes less than $3,000,000 for the past two years.

Veterans and members of the U.S. military community who want to establish or expand small businesses.

Credit Amount

$5,000 to $350,000

SBA Loan guarantee cannot exceed $1,500,000.

Loan ceiling of $2,000,000.

$150,000 to $5,200,000 Maximum SBA Loan $1,500,000 (Up to $4,000,000 for small manufacturers).

Up to $500,000.

Rate

Loans and Lines of credit less than or equal to $50,000: NY Prime + 6.5%.